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Australia's Treasurer invites tax-system overhaul discussion

Joe Hockey seeks to reduce govt's reliance on income tax as population ages

Tue, Mar 31, 2015 - 5:50 AM

The rise of the digital economy and globalisation presents significant challenges for the effectiveness of the tax system, says Mr Hockey

Sydney

AUSTRALIAN Treasurer Joe Hockey invited discussion on the biggest shake-up to the nation's tax system in more than 60 years, seeking to reduce the government's reliance on income tax as the population ages.